[bobthepanda]

Australia famously is not a good place to manufacture anyways because the “resource curse” makes AUD expensive and exports noncompetitive.

[worthless-trash]

Can you expand on this, I don't see how it can be.

[bobthepanda]

https://en.wikipedia.org/wiki/Dutch_disease

Natural resource sales send USD to Australia. AUD is now worth more because it is backed by more USD. Manufactured exports are also traded in USD, so Australian exports become much more expensive because workers and local materials are paid for in AUD.